Corporate Funding for Solar is Increasing: A Good Sign for Home Solar?

The Federal Government pulled the rug from underneath the solar industry this year when it cancelled major solar funding allowances with the One Big Beautiful Bill Act. However, the industry has shown resilience despite headwinds, proving that solar is still financially viable even without federal support.

Global corporate demand for solar is increasing, and this is reflected in a 14% increase in corporate solar funding compared to this time a year ago.

This is surprising news, but it starts to make sense when you get into the details. There was limited demand for solar at the beginning of 2025 as potential solar projects were sidelined due to uncertainty around legislation, tariffs, and the global economy.

Now that things are settled, solar projects are moving ahead again. It might even be the best time for you to consider solar panels for your home on Long Island.

It’s Still Historically One of the Best Times to Switch to Solar

The solar industry rapidly expanded in recent years due to high demand and generous federal tax credits. Although some credits and incentives are going away, there are some excellent benefits available for solar installation on Long Island.

• New York State offers a Solar Tax Credit worth 25% of the cost of a solar installation, up to a total of $5,000. This credit can roll over to subsequent tax years until it is fully consumed.
• Solar companies on Long Island also receive direct incentives to reduce the installation cost. These incentives are reflected in solar pricing. Essentially, they come off the top of the customer bill to make solar more affordable.

There are also some grassroots programs available to make solar accessible. Power Solutions, one of the best solar installers on Long Island, offers interest-free solar financing with no money down.

An initial interest-free period is based on incoming tax credits. This split-financing method allows for a smaller initial loan without interest, followed by a standard loan for the balance of the solar bill. It eliminates stress and the initial financial burden on families.

If you want affordable solar with financing and potential incentives, you can contact Power Solutions for your free ballpark solar estimate today.

Battery Technology Continues to Improve

Solar battery technology is rapidly improving, making energy storage a reality for families on Long Island and elsewhere in America.

A battery energy storage system can recharge from solar panels during the day. Stored energy can be used in ways that suit the household, including:

• Deploying energy during peak times when the sun is down. This can further reduce reliance on the grid, meaning even smaller monthly bills.
• A battery system can provide whole-home backup power when the grid goes down. Blackouts become a thing of the past.
• Batteries are ideal for charging EVs at night. It’s possible to run an electric vehicle entirely from solar power in this way.

Power Solutions offers a range of battery solutions, including Tesla Powerwall models.

Are You Ready to Learn More About Solar for Your Home?

As corporate solar funding increases, you could take the opportunity to install solar for your home. The recent news is a timely reminder that solar energy is one of the smartest investments of the modern era. Solar reduces your PSEG utility bill, gives you real energy independence, and can pay for itself with long-term savings.

Start with a free solar panel estimate from Power Solutions, and see how clean energy can provide practical and financial benefits for your family.